🚨 The Countdown Begins: 25% Tariff Deadline Shakes North American Trade
With just days left before March 4, businesses across Canada are scrambling to prepare for potential 25% U.S. tariffs on key exports – a move that could spark a cross-border trade war 🌍⚖️. If implemented, these tariffs would affect everything from auto parts to maple syrup, with Canada expected to retaliate with counter-tariffs on U.S. goods.
🏭 Industries on both sides of the border are sounding alarms: A Canadian RV company owner told reporters, 'This isn’t just about profit margins – it’s about keeping families employed.' The automotive sector (responsible for 9% of Canada’s GDP) and agriculture sectors face particularly high risks 🚚🥫.
💡 Why it matters: This standoff could create a trade domino effect, impacting supply chains, consumer prices, and even travel between the two nations. As one analyst put it: 'When elephants fight, the grass gets trampled.'
